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Consider the following two tractors a company can purchase. The following tables provide the costs the company will incur (in thousands of dollars) in the
Consider the following two tractors a company can purchase. The following tables provide the costs the company will incur (in thousands of dollars) in the lifetime of each tractor. The transportation firm can only afford one of the tractors. The two tractors have identical production capabilities. The firm's cost of capital is 4%. Find the present value of the costs of using the two tractors. Diesel = Correct response: 60,014.382 Gasoline = Correct response: 62,448,432 Click "Verify" to proceed to the next part of the question. This question has 3 parts (i.e., you will need to click "verify" three times) Given that the net present value of the costs of the Diesel tractor are $60,014.38 and of the Gasoline tractor are $62,448.43, what are the equivalent annual costs for each machine? EACDiesel= EACGasoline= Click "Verify" to proceed to the next part of the question. Section Attempt 1 of 1
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